Saudi Arabia, the world’s leading oil exporter, has announced a reduction in its official selling price for crude oil destined for Asian markets in April. This marks the first price cut in three ...

The Middle East, long defined by its oil wealth, is now emerging as a global leader in solar power. Once considered an ...

Chevron Corp. is looking to replace Venezuelan oil at its refineries with supplies from Mexico, Brazil and the Middle East ...

The expansion was driven by a 4.3% rise in non-oil activities and a 2.6% increase in government activities, while oil activities declined by 4.5% March 10, 2025 ...

Oil prices are under pressure due to Saudi Arabia's price cuts and poor economic data from China. WTI crude experienced its longest losing streak since November 2023, with seven consecutive weeks ...

March 9 (Reuters) - Saudi Arabia's stock market ended higher on Sunday, snapping a three-day losing streak, in response to Friday's rise in oil prices . Oil prices - a catalyst for the Gulf's ...

Investing.com -- Saudi Arabia has announced a reduction in oil prices for its largest market, Asia, as the Organization of Petroleum Exporting Countries and aligned producers (OPEC+) begin to ease ...

Oil diplomacy offers a partial explanation. Along with the US and Russia, Saudi Arabia is one of the world's dominant crude oil producers. In fact, Riyadh was at the forefront of a recent ...

Saudi Aramco reduced its official selling prices (OSPs) for crude oil to Asian buyers ... indicating a targeted market adjustment. Saudi Arabia just dialed back its crude prices for Asia ...

March 7 (Reuters) - Saudi Arabia, the world's top oil exporter, on Friday lowered crude oil prices for Asian buyers in April for the first time in three months, in line with market expectations ...

Saudi Arabia, the world's top oil exporter, on Friday lowered crude oil prices for Asian buyers in April for the first time in three months, in line with market expectations and after OPEC+ agreed to ...